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Spokane Falls Community College Financial Aid & Scholarships

63% Freshmen Get Financial Aid
$6,902 Average Grant & Scholarship
48% Undergrads Get Grant Aid

A lot of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Spokane Falls Community College can seem tremendous, but do not forget that almost all students are given some form of financial help.

Just what financing solutions does Spokane Falls Community College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to discover how much school funding could be available to you.

Understanding Spokane Falls Community College Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Spokane Falls Community College.

Typical First Year Financial Aid at Spokane Falls Community College

Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. However, some types of aid are more desirable than others, and some students will receive more than others.

Looking at the entering class at Spokane Falls Community College, 63% of first-year full-time students received aid of some kind some 442 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)56%$6,785
Institutional grants & scholarships16%$1,601
Federal Pell grants35%$5,058
State/local grants45%$3,821
Federal student loans15%$5,941

Scholarship and Grant Awards at Spokane Falls Community College

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Spokane Falls Community College, roughly 48% of undergraduate students received gift aid averaging $6,902 (covering around 1870 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)48%$6,902
Federal Pell grants29%$4,736
Federal student loans17%$6,638

For on-campus title-IV students, average grant aid came to $8,276.

What Families Pay by Income at Spokane Falls Community College

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage Net Price
$0 – $48,000$5,579
$30,001 – $75,000$7,386
Over $75,000$13,046

Each amount is the average cost remaining once grant aid is subtracted, by income band.

Net Price at Spokane Falls Community College

Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.

CohortAverage Net Price
On-campus title-IV students$7,409
Off-campus title-IV students$7,402

For a personalized estimate based on your family’s financial situation, use Spokane Falls Community College’s online cost calculator: sfcc.spokane.edu/How-to-Pay-for-College/How-Much-Does-it-Cost.

Typical Student Debt at Spokane Falls Community College

The middle student in the debt distribution at Spokane Falls Community College owes $7,645 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$7,645
Median federal debt (graduates only)$12,000
Typical 10-year monthly payment (graduates)$127.22/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

How Debt Is Distributed Across Students

The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Spokane Falls Community College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,925
25th percentile$3,500
75th percentile$11,902
90th percentile (highest-debt students)$19,000

Student Debt by Cohort at Spokane Falls Community College

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$8,293
Middle income$7,000
High income$6,500

By First-Generation Status

CohortMedian federal debt
First-generation students$7,831
Continuing-generation students$6,808

By Dependency Status

CohortMedian federal debt
Dependent students$5,500
Independent students$9,500

At-a-Glance Debt Indicators

A handful of calculated indicators summarize the debt outlook at Spokane Falls Community College.

Federal Stafford Lending at Spokane Falls Community College

Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Spokane Falls Community College:

MetricValue
Stafford loan recipients17798
Total Stafford loan amount$185,006,467

Aid for Military-Affiliated Students at Spokane Falls Community College

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients110
Total GI Bill amount$379,249
Average GI Bill amount per recipient$3,448

DoD program volume

MetricValue
DoD Tuition Assistance recipients11
Total DoD amount$6,922
Average DoD amount per recipient$629

References

More about our data sources and methodologies.

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